COMMERCIAL

Press, Volume LV, Issue 16584, 25 July 1919, Page 8

COMMERCIAL

GOVERNMENT SECURITIES. (By Cable.—Press Association.—Copyright.) (Australian and N.Z. Cable Association.) JjONDON, July 17 (delayed). The following are tho latest ouotations_ for Government securities, with a comparison with thcee ruling last week: — Last week. This week. £ b. d. £ ■. >t. 2$ per cent. Imp. Con. 53 10 0 63 0 0 o per cent. Imp. Wax Loan. .. .. 93 15 0 87 7 6 Si per cent. Imp. W«r • . Loan .. .. 88 0 0 8S 3 fl 51 per cent. C'wealth Loan .. .. 100 0 0 99 15 0 5i per cent. C'wealth Loan .. .. 101 0 0 101 0 0 N.S.W. 4's, 1933. Jan.July .. .. 85 0 0 83 0 0 N.S.W. 3a's, 1930-50, Jan.-July .. .. 74 0 0 . 74 0 0 N.S.W. 3'a, 1935, AprilOctober .. 70 0 0 V 2 0 0 Yic. 4's. 1929, Jan.-July 98 10 0 93 10 0 Vic. 3J s. 1921-6. Jan.July .. 83 0 0 83 10 0 Vic. 3|'s, 1929-40, Jan.July .. .. 64 0 0 G3 15 0 Vic. 3's, 1929-19, Jan.July .. 73 0 0 72 0 0 Q'land 4'e. 1925-29, Jan.July .. .. 93 0 0 . S3 10 0 Q'land 3S's, 1921-30, Jan.-July .. 90 0 0 90 0 0 Q'land 3's, 1922-47, Jan.July .. ..6500 61 10 0 N.Z. 4's, 1929, MayNov. .. .. 88 0 0 07 10 0 N.Z. Si's. 1940, Jan.July .. .. 75 0 0 74 15 0 N.Z. 3'e, 1945, AprilOctober ;. 68 0 0 66 0 0 SA. 35's, 1930, Jan.-Jnly 76 0 0 70 15 0 S.A. 3's, 1916 or after, Jan.-July .. 59 0 0 E9 3 6 Tas. 3|'s. 1920-40, Jan.July .. .. 75 0 0 74 5 0 Tas. 3'e, 1920-40, Jan.July .. .. 70 0 0 70 0 0 W.A. SJ's, 1920-35, MayNovember .. 79 0 0 78 16 0 W.A. 3's. 1915-35. MayNor&mber .. ft 0 0 74 3 6 CEREALS. Wheat—The market is quiet. A few sales of Australian passage parcels have been mad? at 80s per quarter. Flour—The market is steady. A small quantity of Australian has been eold at 46e 3d per quarter. Oats- and Beans—The market is firm. Peas—Tho market is quiet, iiew Zealand Ivory peas have been cold at 50s per quarter. STERLING EXCHANGE RATE. (Received July 24th, 11 p.m.) NEW YORK, July 17 (delayed). The sterling exchange rate in New York fell to 436 oents, rallied to .434, and closed at 432. Experts believe a further decrease is certain unless credits are extended to Europe. A group of international bankers aro planning a meeting to discuss mease of preventing further decreases. LONDON WOOL SALES. (Reoeived July 24th, 10.55 p.m.) LONDON. July 23. At tho wool eales there wssa strong Continental competition. Prices for merino were maintained. No cttossbieds were offered. RISE IN PRICE OF GOLD. (Reoedved July 24th, 9.5 p.m.) LONDON, July 28. The "Star" states that the selling prioe of gold has been raised 10 per cent. TALLOW AND RABBIT SKINS. (Reoeived July 24th, 9.45 p.m~.) LONDON, July 23. At the tallow sales, 2111 casks were offered and 1430 eold. Fins mutton mado 112 a 6d per cwt, medium 106s, fine beef 115 a Gd, and medium 110s. Inferior .declined Is per cwt. At the rabbit skill sales, there wsa a strong demand and a big a&nnoo in prices. Dalgety ond Company, Ltd., have reoeived tho following cablegram from their London offioo, dated July 16th:—"Tallow: At tho weekly auction rates most unchanged, full prices ruling, good'mixed being' ia to 2s up; fine mutton edible at 112 a fid." TEMUKA STOCK SALE. Thoro was a good medium yarding in all sections at tho stock solo this week, and prices showed aa upward tendency. The range of values was:—Fat ewes, 250 9d to 41n (3d; fat wethers, 25s to 47s 6d; fat lambs, 25b to 38s; Eton? lambe, 20b to 255; fullmouth ewes, Gs €d to 10s 6d; two and eighttooth ewes, 28s. Fat heifers, £9 Be to £11; steers, £11 to £16; cows, to £14 ss; store heifers, £4 18s to £7 ss; empty heifers, £6; steers, £8 2s Gd; dairy cows, £9 to £14; heifers, £12 10s to £14 10s; weaner pigs, 25s to 316; porkers, 3£ft to 65e; baconers, £3 53 to £4 Is. WHEAT TRADE REGULATIONS. The Wheat Controller forwards the following return, for the period ended July 23rd:— Threshing returns received to date, 6,060,601 bushels. < Contracts to purchase—Good milling 4,012,922 oushels, fowl wheat 456,920 bushels. Amounts paid to farmers through Government brokers £1,290,342 Is 4d« representing 3,796,675 bushels. RISE IN COTTON. A cablegram dated London, July lGth, received on Wednesday by Brown and Dureau, Wellington, reads: —"Cotton risen soother 3 per cent Still further advancing'." CHRISTCHURCH STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. Sales reported:—Union Bank of Australia (old) £60 10s; N.Z. Refrigerating-, £3 12s Gd. LATEST QUOTATIONS, ' Buyers. Seller*. £ s. d. & •> d. DEBENTURES— N.Z. Government 4$ p.e, Bonds, 1938 .. — 86 5 0 N.Z. Government 5 p.p. JT P.O. Bonds » SS 5 0 BANKS— Union of Australia (now) — GO 0 0 LOAN AND AGENCYChristchwcli Building Society .. . * — 11 12 G Dalgety and Co. .. 11 5 0 — Golasbrcugh Mort (Melbourne) .. .. — 2 6 6 SHIPPING— Huddart-Parker .. 2 3 0 2 4 0 FROZEN MEAT— Wellinstou. (£2 12s Gd paid) •» •• 3 o 0' — COAL— Wostport .. •• — 1 10 0 MISCELLANEOUS— Burns, Philp (Sydney) — 1 26 0 Canterbury Farmers' Co-op (Timaru) .. 2 16 6 — Colonial .. £4 15 0 — Eclipse Petrol (fully paid) -. •• ' — 2 0 0 Macon, Struiherj (lis paid) .. '.. 0 17 0 — N.Z. Farmers' Co-op. (£3 paid) .. ..2 5 0 5 7 6 N.Z. Farmers' Co-op. (6 per cent. pref. xo div. only) .. .. t 13 0 MINING— Talisman. .. •• — 0 7 7 YESTERDAY'S BUSINESS ON OTHER EXCHANGES. (PEE3S ASSOCIATION TZtISttAJtS.) - DUNEDIN. Sales reported—Huddart-Parkor (ortL) 4£«. AUCKLAND. Saleo—Sasri Timber Ccl, Ila lOd; Waihi,

£2 4b; "Wilson's Cement. 16a Sd. Salcereported—National Bank, £6 8a 6d; South British Insurance, £8 2» 6d; Auckland Gaa (paid), 27s 6d; Auckland Trema (ord.), 22a 3d; Milno and Choyco, 25® Sd. mining. WAIHI COMPANY. trBBSS JLSSOCI-TION telegram.) AUCKLAND, July 24. Ho Waihi Goldmining Company during the period ended July 12th cru f*£L treated 16,037 tons of ore for a ietirrn_ of bullion of an estimated value oi £26,259. . RHEUMATISM, SCIATIOA AND KINDRED TROUBLES. . ♦— RUB ZAM-BUK IN TO RUB PAIN OUT. . When you hare any deep-seated pain, no j n rheumatism, lumbago, sciatica, neuralgia, or muscular Btrams, placoft liberal supply of Zam-Buk on tho fincers or palm, and rub it in. ano penetrating power of. this ton-balm" kills pain and ™™ ov f stiffness. Sound rubbings of the affected parts with Zam-Buk will drive out all pain, . reduce swelling, strengthen tlie skm and tissue-en-abling it to resist cold and damp better during the winter months—and restore perfect elasticity. Mrs N. Archer, of 222 Bourke street, Darlinghurst, Sydney writes m praise of • Zam-Buk as follows:— For five years 3 was a victim of eciatica, whicu attacked me in the hips. My sufferings during that time were dreadful for about a year. I never left my bed. The pain was excruciating, and I could scarcely move. I. placed myself under somo of the loading doctors, but got no better under their treatment, and despaired of .being cured. Discontinuing j the medical treatment, I tried other ] remedies, including electrical massage, but they also proved useless. "A friend then advised m© to try salt baths as hot as I could bear them, then apply Zam-Buk. I tried this treatment, thoroughly massaging the Zam-Buk well into the joints and all parte where the pain_ was. For six I weeks I regularly continued this treatment, until, after daily improvement, j I was completely cured. 1 never have the slightest ache or pain now, so I ! have a great deal to thank Zam-Buk ' for. I shall always keep a pot by mo, and reoommend it to everybody." I Rubbing Zam-Buk in is the surest; way to rub pain out. It is excellent for stiff necks, oold pains in limbs, I joints, or back; chapped hands, chil- ] Mains, eczema, piles,' ulcers, festering ; cuts, bruises, and injured, diseased! conditions of the skin. Price Is 6d, or 3s <5d special family pot, from all chemists and stores. 1